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This sophisticated and brand-new apartment is located next to the lively Lagos Marina and within walking distance of the historic city centre, as well as Meia Praia beach
Lagos, Algarve, Portugal, 8600-324
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REF: 888552
€990,000
Description
This sophisticated and brand-new apartment is located next to the lively Lagos Marina and within walking distance of the historic city centre, as well as Meia Praia beach.
The design exudes modern elegance, featuring an open-concept kitchen that seamlessly integrates with expansive floor-to-ceiling windows. These allow a free flow of natural light and provide access to a spacious balcony tailored for outdoor enjoyment, capturing sweeping vistas of the marina and ocean beyond.
The interior spaces are impressively generous, complemented by south facing balcony that bask in sunlight.
Every detail within this property reflects exceptional quality, with features such as underfloor heating, complete air conditioning, a state-of-the-art smart home system with video intercom, high-speed fibre optic internet, double-glazed windows, electric shutters, and a convenient central vacuum system. It includes secure parking within a communal garage, offering a dedicated parking space and a private storage room.
Residents can also enjoy access to a range of high-end communal amenities, including a fully equipped gym, indoor pool, sauna and jacuzzi, as well as a spacious outdoor pool and terrace, along with a stunning shared roof terrace.
This modern apartment is situated in an unbeatable central area with magnificent views, making it an ideal choice for a luxurious residence or a lucrative rental investment.
Viewing is highly recommended to fully appreciate all this property has to offer!
This sophisticated and brand-new apartment is located next to the lively Lagos Marina and within walking distance of the historic city centre, as well as Meia Praia beach.
The design exudes modern elegance, featuring an open-concept kitchen that seamlessly integrates with expansive floor-to-ceiling windows. These allow a free flow of natural light and provide access to a spacious balcony tailored for outdoor enjoyment, capturing sweeping vistas of the marina and ocean beyond.
The interior spaces are impressively generous, complemented by south facing balcony that bask in sunlight.
Every detail within this property reflects exceptional quality, with features such as underfloor heating, complete air conditioning, a state-of-the-art smart home system with video intercom, high-speed fibre optic internet, double-glazed windows, electric shutters, and a convenient central vacuum system. It includes secure parking within a communal garage, offering a dedicated parking space and a private storage room.
Residents can also enjoy access to a range of high-end communal amenities, including a fully equipped gym, indoor pool, sauna and jacuzzi, as well as a spacious outdoor pool and terrace, along with a stunning shared roof terrace.
This modern apartment is situated in an unbeatable central area with magnificent views, making it an ideal choice for a luxurious residence or a lucrative rental investment.
Viewing is highly recommended to fully appreciate all this property has to offer!
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Currency Exchange
Lagos, Algarve, Portugal, 8600-324
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €990,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €990,000 | £820,027 | £850,856 | £30,829 |
| Property Price € | €990,000 |
| Minimum cost in the last six months | £820,027 |
| Maximum cost in the last six months | £850,856 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,829 |
Lagos, Algarve, Portugal, 8600-324
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €990,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €990,000 | £820,027 | £850,856 | £30,829 |
| Property Price € | €990,000 |
| Minimum cost in the last six months | £820,027 |
| Maximum cost in the last six months | £850,856 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,829 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £30,829 more.
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